SOLUTION MANUAL FOR Project Management: The Managerial Process 8th Edition by Erik W. Larson , Clifford F. Gray ISBN:978-1260238860 COMPLETE GUIDE WITH RATIONALES 100% VERIFIED A+ GRADE ASSURED!!!!!!NEW LATEST UPDATE!!!!!

,TABLE OF CONTENTS iXZi ii




Ch. 1 Modern Project Management
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Ch. 2 Organization Strategy and Project Selection C
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h. 3 Organization: Structure and Culture
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Ch. 4 Defining the Project
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Ch. 5 Estimating Project Times and Costs C
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h. 6 Developing a Project Schedule
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Ch. 7 Managing Risk
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Ch. 8 Scheduling Resources and Costs
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Ch. 9 Reducing Project Duration
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Ch. 10 Being an Effective Project Manager
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Ch. 11 Managing Project Teams
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Ch. 12 Outsourcing: Managing Interorganizational
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Relations
Ch. 13 Progress and Performance Measurement and E
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valuation
Ch. 14 Project Closure
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Ch. 15 Agile Project Management C
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h. 16 International Projects
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, Chapter 1 XZ




Modern Project Management XZ XZ




Chapter Outline XZ




1. What X Z Is a Project?
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A. What a Project Is Not
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B. Program versus Project X Z X Z




C. The Project Life Cycle
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D. The Project Manager
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E. Being Part of a Project Team
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2. Agile Project Management
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3. Current Drivers of Project Management
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A. Compression of the Product Life Cycle XZ XZ XZ X Z X Z




B. Knowledge Explosion X Z




C. Triple Bottom Line (Planet, People, Profit)
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D. Increased Customer Focus X Z X Z




E. Small Projects Represent Big Problems
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4. Project Management Today: A Socio-Technical Approach
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5. Summary
6. Text Overview
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7. Key Terms
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8. Review Questions XZ




9. Snapshot X Z from Practice: XZ X Z Discussion Questions X Z




10. Exercises
11. Case 1.1: A Day in the Life—2019
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12. Case 1.2: The Hokies Lunch Group
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, Chapter Learning Objectives XZ XZ




After reading this chapter you should be able to:
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LO 1-1
X Z Understand why project management is crucial in today’sXZ XZ X Z X Z XZ XZ XZ


world.
LOX Z 1-2 Distinguish a project X Z X Z X Z from routine operations.
XZ X Z




LO 1-3
X Z Identify the different stages of a project life cycle.
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LO 1-4
X Z Describe how Agile PM is different from traditional PM.
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LO 1-5
X Z


Understand that managing projects involves bala XZ X Z XZ X Z X Z


ncing the technical andsociocultural dimensions of the
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Zproject.

Review Questions X Z




1. Define a project. What are five characteristics which help differe
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ntiate projectsiifrom other functions carried out in the daily ope
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rations of the organization? X Z XZ X Z




A project is a complex, non-routine, one-
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time effort limited by time, budget, resource,and specifications.
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Differentiating characteristics of projects from routine, repetitiv
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e daily work are below:
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a. A defined lifespan
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b. A well-defined objective
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c. Typically involves people from several disciplines
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d. A project life cycle
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e. Specific time, cost, and performance requirements.
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2. What are some of the key environmental forces that have
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changed the wayprojects are managed? What has been the
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effect of these forces on the management of projects?
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Some environmental forces that have changed the way we manag
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e projects are the product life cycle, knowledge growth, global co
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mpetition, organization downsizing,iitechnology changes, time-to-
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market. The impact of these forces is more projects perorganizati
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on, project teams responsible for implementing projects, accountabi
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lity, changing organization structures, need for rapid completion of
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projects, linking projects to organization strategy and customers,
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prioritizing projects to conserve organization resources, alliances wi
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th external organizations, and so on.
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